Company and Personal News
Hungrana to Process Yearly One Million Tons of Corn
Date: 2008-07-15 00:00:00
Based on the start-up of the new production capacities, Hungrana now operates as Europe's largest producer for corn starch and isoglucose. Total investments in the project amounted to approximately...
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Light enjoy by Milli
Date: 2008-07-15 00:00:00
Friesland Hungária focuses on healt by developing new products, now here comes the light version of the popular Milli Yoghurts, the Milla Mia. Companies bring day to day bring...
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MOL-Marché Restaurant near to Budapest
Date: 2008-07-15 00:00:00
The 3th common restaurant was open at Wienne side of the M1 motorway, at 22th kilometers. At the end of August 2007, Marché International and MOL signed a Memorandum...
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Henkel: Quality and CSR
Date: 2008-07-14 00:00:00
For development work to be classed as “responsible”, it needs to take into account not only the economic perspective but also ecological and social aspects. From this days Henkel...
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Malaysian fish is not safe
Date: 2008-07-14 00:00:00
EU temporarily bans Malaysian fish imports for failing to meet its standards. A Malaysian fisheries department official said the decision was made after EU veterinary and food officials conducted...
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Starbucks to Enter Bulgarian Market by End of 2008
Date: 2008-07-14 00:00:00
In 2007 the Starbucks Europe, Middle East and Africa division recently extended its joint venture agreement with the Marinopoulos Group to open stores in Bulgaria. According to the Greek newspaper...
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Record Dividend Payment by Zwack Unicum
Date: 2008-07-14 00:00:00
The company pays a 110% dividend against the nominal value of its common and redeemable liquidation preference shares, i.e. the gross amount of the dividend for a share of with...
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Carrefour's shares fell to lowest
Date: 2008-07-11 00:00:00
Europe's biggest retailer's second-quarter sales growth slowed on weaker spending at its French superstores. Sales rose only 6 percent to 23.7 billion euros. Carrefour has a 10 percent increase...
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Agrana warns about EBIT plunge
Date: 2008-07-11 00:00:00
Reasons for unfavourable developments in the markets for Agrana's products are the persistent volatility in raw materials and the powerful rise in energy prices, all of which squeeze profit margins....
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Delhaize eyes east Europe retailers
Date: 2008-07-11 00:00:00
According to Dutch newspaper, Het Financieele Dagblad, the company is looking for aqusiton in the region. Chief executive Pierre-Olivier Beckers told the paper: "We are in no rush and...
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LG Display Q2 net profit surges
Date: 2008-07-10 00:00:00
South Korea's LG Display Co Ltd's reported a $738.3 million net profit in the second quarter to June 30. The figure is close to the company's record quarterly profit...
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5% revenue increase at Pepsi Bottling Group
Date: 2008-07-10 00:00:00
PBG reported second quarter 2008 revenue of $3.5 billion, a five percent increase over prior year, net income was $174 million. PBG reported net revenue per case growth of eight...
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Heineken Plans To Restate S&N Accounts
Date: 2008-07-10 00:00:00
Dutch brewer plans to restate accounts for its newly acquired Scottish & Newcastle (S&N). "We are assessing the assets we have bought and we are putting them in light of...
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Hungary consumer confidence improves in Q2
Date: 2008-07-10 00:00:00
Although consumer confidence in Hungary rose in the Q2 of 2008, households Purchasing Propensity Index shows a decreasing tendency and reached its second lowest value since 2002, a survey by...
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Netto/Plus Deal Referred To Local Regulator
Date: 2008-07-09 00:00:00
The European Commission has referred Rewe's bid to buy the Czech Plus discount chain to the Czech Competition Authority. The EC said it was passing the case as the...
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Lidl – soon in Romania
Date: 2008-07-09 00:00:00
The company is looking for locations to open its first stores in Romania, it is building a 45,000-square metre logistic centre on the outskirts of Bucharest. Schwarz Group-owned Lidl has...
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Pringles Are Not Potato Chips
Date: 2008-07-09 00:00:00
Pringles, Procter & Gamble Co.'s salty snack stacked in a tube, are not potato chips, a London judge ruled today in a tax dispute. Pringles don't fulfill the legal definition...
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American Express Settle for $1.8 Billion
Date: 2008-07-09 00:00:00
American Express sued larger competitors MasterCard and Visa Inc. in November 2004 after the U.S. Supreme Court ruled they violated antitrust laws by preventing member banks from offering rival cards....
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Nestle Sells 25% Stake Of Alcon To Novartis
Date: 2008-07-09 00:00:00
The deal was worth $10.4bn in cash, about $200m less than the figure stated in April when the transaction was first revealed. Novartis said the lower amount reflects a dividend...
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Coca-Cola agrees to $137.5 mln settlement in case
Date: 2008-07-08 00:00:00
A shareholder lawsuit claimed the world's largest soft drink maker artificially inflated sales to boost its stock price, according to court documents. The lawsuit, filed in October 2000, claimed...
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InBev Seeks to Replace Anheuser – Busch Board
Date: 2008-07-08 00:00:00
The world's second largest brewer by volume, said it wants to provide shareholders with an opportunity to have a direct voice in its proposed takeover of Anheuser-Busch. Belgian brewer InBev...
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SABMiller Completes Ukrainian Acquisition
Date: 2008-07-08 00:00:00
The Ukrainian competition authorities gave green light to SABMiller, to complete the acquisition of 99.84% interest in the Ukrainian brewer CJSC Sarmat. Sarmat is one of the largest brewers in...
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Running with Puma in Tate Galery
Date: 2008-07-08 00:00:00
In every hour fifty amateurs will sprint as fast as they can through the gallery at 30-second intervals. Work No 850 is the latest piece by Martin Creed, who has...
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Zwack Manufaktúra House at VOLT Festival
Date: 2008-07-08 00:00:00
The most popular drinks were the limited edition of Kosher apricot with honey and peach palinkas – designed direct for the event. 77,000 people arrived to Sopron to hear...
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New F&B director at Birdland Resort
Date: 2008-07-08 00:00:00
Tibor Mészaros is liable for increasing quality at Resort's catering services in frame of a reorganization program. The famous specialist leads from now 3 restaurants, 5 bars, 2 kitchen and...
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New Marketing Director at Borsodi
Date: 2008-07-08 00:00:00
András Szirbek believes the real brands give not only added value but it functions as a cohesion power for the companies and pulsates in every unit and process of the...
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Nestle Water to Build EUR 7 Million Plant in Portugal
Date: 2008-07-07 00:00:00
Work on the new facility in Coruche will start next week, with production beginning some time in 2009. Nestle Waters Direct has announced it will build a new plant costing...
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Danisco Cultures Invests in Kefir
Date: 2008-07-07 00:00:00
Danisco has completed in a major expansion of its kefir culture processing plant in Olsztyn, Poland, more than trebling capacity to meet the growing international demand for kefir products. The...
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Carrefour is intended to buy Karavan
Date: 2008-07-07 00:00:00
The second largest chain of food hypermarkets is negotiating the purchase of the controlling stake of Karavan hypermarket chain in Ukraine.The owners of the chain estimated 100% of its cost...
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The Total Warning was Spare and Wrongdoer
Date: 2008-07-07 00:00:00
According to Trade Union of Meat Processor Workers the Pápai Hús Zrt. wrongs the Book of Work Law. The Trade Union ask the National Authority of Work to examine the...
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